Palladiem LLC Purchases New Stake in JPMorgan Income ETF $JPIE

Palladiem LLC purchased a new stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,290 shares of the company’s stock, valued at approximately $708,000. JPMorgan Income ETF accounts for 0.7% of Palladiem LLC’s holdings, making the stock its 21st biggest position.

Other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Advisory LLC grew its position in JPMorgan Income ETF by 6.2% during the third quarter. Cornerstone Advisory LLC now owns 597,558 shares of the company’s stock valued at $27,733,000 after buying an additional 35,122 shares during the period. Chesley Taft & Associates LLC boosted its position in JPMorgan Income ETF by 26.7% during the fourth quarter. Chesley Taft & Associates LLC now owns 79,920 shares of the company’s stock worth $3,699,000 after purchasing an additional 16,848 shares during the period. Obsidian Personal Planning Solutions LLC boosted its position in JPMorgan Income ETF by 3.8% during the third quarter. Obsidian Personal Planning Solutions LLC now owns 298,749 shares of the company’s stock worth $13,865,000 after purchasing an additional 10,962 shares during the period. EPG Wealth Management LLC boosted its position in JPMorgan Income ETF by 10.1% during the fourth quarter. EPG Wealth Management LLC now owns 126,586 shares of the company’s stock worth $5,860,000 after purchasing an additional 11,577 shares during the period. Finally, Choreo LLC boosted its position in JPMorgan Income ETF by 2,878.1% during the fourth quarter. Choreo LLC now owns 164,988 shares of the company’s stock worth $7,675,000 after purchasing an additional 159,448 shares during the period.

JPMorgan Income ETF Trading Down 0.2%

Shares of NYSEARCA:JPIE opened at $45.85 on Friday. JPMorgan Income ETF has a twelve month low of $45.76 and a twelve month high of $46.61. The company has a 50-day moving average price of $46.03 and a two-hundred day moving average price of $46.23.

About JPMorgan Income ETF

The JPMorgan Income ETF (JPIE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund that allocates exposure among various fixed income markets and sectors. The fund seeks to provide yield with lower volatility and aims to generate monthly distributions. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.